The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Denton, Texas Rental Property 8 Property
Bought in Month 668
We have a Rule that has you buying the Typical 25% Down Payment Denton, Texas Rental Property 8 Property even if your Account balance in the All-In-One Account Earning 7%/year Account has zero dollars. The following is a chart showing the balance of All-In-One Account Earning 7%/year Account from the start of the Scenario to Month 668 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Denton, Texas Rental Property 8 Property, we're assuming you're getting a 25% down payment loan. With a $1,735,894.40 purchase price that means you need to have $433,973.60 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($17,358.94) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $433,973.60 |
Rent Ready Costs | $0 |
Closing Costs | $17,358.94 |
Seller Concessions | $0 |
Total Cost To Close: | $451,332.54 |
The monthly rent on this Property is $10,830.98 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$52,205 | $0 | $0 | $0 | $4,828 | $57,034 | |
$52,205 | $53,682 | $0 | $0 | $5,842 | $111,730 | |
$52,205 | $54,812 | $0 | $0 | $5,852 | $112,869 | |
$52,205 | $2,081 | $31,560 | $5,617 | $10,096 | $101,559 | |
$52,205 | -$4,159 | $26,882 | $6,369 | $10,671 | $91,968 | |
$52,205 | -$14,303 | $22,611 | $7,293 | $11,356 | $79,161 | |
$52,205 | -$22,942 | $19,441 | $8,208 | $12,047 | $68,959 | |
$52,205 | -$38,250 | $15,747 | $9,681 | $13,147 | $52,530 | |
$52,195 | -$38,518 | $12,683 | $10,736 | $13,319 | $50,414 | |
Totals: | $469,837 | -$7,597 | $128,923 | $47,902 | $87,159 | $726,224 |
* Denotes a property that had no rent for at least part of the period covered. |
Asset Allocation
How are assets allocated? Let's first look at this month.
And how have they looked over time up to this month?
Phases of Financial Independence™
With a Minimum Target Monthly Income in Retirement™ of $9,000 and a Ideal Target Monthly Income in Retirement™ of $14,000 at the time of achieving your
Blueprint™ Menu of Sections
- Introduction
- Accounts
- Properties
- Rules
- Significant Events
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports